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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,500,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Located at 14806 Woodbine Avenue in Whitchurch-Stouffville, this 4-bay mechanic shop offers a fantastic opportunity on a spacious .799-acre lot with 174 ft frontage and 201 ft depth. Zoned Commercial Village (CV), the property features a stucco exterior, 10' high doors, and one extra-deep bay accommodating two cars. The fenced compound and office space add to its functionality. Situated on busy road close to 404 and Aurora sdrd. in the village of Vandorf, this location combines convenience with potential. Seller is aware of soil contamination; property sold as is. (id:39198)
Location
Province
Ontario
City
Whitchurch stouffville
Address
Woodbine
Postal Code
L4A2C9
Location Highlights
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Listed by
RE/MAX ALL-STARS REALTY INC. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
2,400
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$3,500,000
Asking Price
$3,500,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
2,400
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
N/A
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